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Excelsior, Minnesota

Last updated: 2024 BLS data · Page refreshed:

City Profile — Demographics, Income, Education & Housing
Data: U.S. Census Bureau, American Community Survey 2024 5-Year Estimates
2,570
Population
$103,068
Median Income
$909,200
Home Value
47.1
Median Age

Demographics

Excelsior has a population of 2,570 with a median age of 47.1. Here is the racial and ethnic breakdown of the population:

White
95.7%
Hispanic
3.9%
Asian
2.9%
Black
0.6%
Demographic Value
Total Population2,570
Median Age47.1
White95.7%
Black or African American0.6%
Asian2.9%
Hispanic or Latino3.9%
Excelsior, Minnesota — racial composition (Census ACS 2024)Donut chart of 4 segments totaling 103.White: 92.8%Hispanic/Latino: 3.8%Asian: 2.8%Other: 0.6%2,570PopulationWhiteWhite92.8%Hispanic/LatinoHispanic/Latino3.8%AsianAsian2.8%OtherOther0.6%

Income & Economy

The median household income in Excelsior is $103,068, which is 27.9% above the national median of $80,610. The per capita income is $84,021. The poverty rate is 10.0%.

$103,068
Median Household Income
$84,021
Per Capita Income
10.0%
Poverty Rate

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Education

In Excelsior, 99.9% of residents age 25+ have a high school diploma or higher, and 58.2% hold a bachelor's degree or higher (15.2% with a graduate or professional degree).

HS Diploma+
99.9%
Bachelor's+
58.2%
Graduate+
15.2%
Education Level % of Adults (25+)
High School Diploma or Higher99.9%
Bachelor's Degree or Higher58.2%
Graduate or Professional Degree15.2%

Housing

The median home value in Excelsior is $909,200, above the national median of $303,400. The median monthly rent is $1,143. The homeownership rate is 48.3%.

$909,200
Median Home Value
$1,143/mo
Median Rent
48.3%
Homeownership Rate
Housing Metric Value
Median Home Value$909,200
Median Monthly Rent$1,143
Homeownership Rate48.3%
Vacancy Rate16.9%

Salaries in Minnesota

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Frequently Asked Questions

What is the population of Excelsior, Minnesota?
The population of Excelsior, Minnesota is 2,570 according to U.S. Census Bureau ACS 2024 5-Year Estimates.
What is the median household income in Excelsior, Minnesota?
The median household income in Excelsior, Minnesota is $103,068. This is 27.9% above the national median of $80,610.
What is the median home value in Excelsior, Minnesota?
The median home value in Excelsior, Minnesota is $909,200. The median monthly rent is $1,143.
What percentage of people in Excelsior have a college degree?
In Excelsior, Minnesota, 58.2% of adults age 25 and older hold a bachelor's degree or higher, and 99.9% have a high school diploma or higher.
Is Excelsior, Minnesota an affordable place to live?
The home price-to-income ratio in Excelsior, Minnesota is 8.8x (median home value $909,200 vs. median income $103,068), making it relatively expensive by that measure. A ratio under 4.0 is generally considered affordable.

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